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Updated about 1 year ago, 09/19/2023

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Andres Vergara
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Rental Market: Which One?

Andres Vergara
Posted

What markets in your opinion has financially feasible SFH rentals in C areas with good equity growth. Is this a unicorn?

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Michele Fischer
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  • Rental Property Investor
  • Seattle, WA
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Michele Fischer
Pro Member
  • Rental Property Investor
  • Seattle, WA
Replied

Generally C areas mean great cash flow but low appreciation.  The cash flow pays down the mortgage and provides the equity growth.

We got lucky and got both, but it is a fairly unicorn situation.  An area that has historically had little appreciation had a big slump.  We bought at the low end and managed for cash flow.  That was a solid move even if we sold for what we bought, but we have also seen incredible appreciation.  With inflation and worse landlord friendly courts costs have increased but increased rent has covered it.

Honestly, I would focus on strong cash flow or highly desirable neighborhoods, manage well, and enjoy the ride.

  • Michele Fischer
  • Podcast Guest on Show #79
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    Nathan Gesner
    Property Manager
    Agent
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    • Real Estate Broker
    • Cody, WY
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    Nathan Gesner
    Property Manager
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    • Cody, WY
    ModeratorReplied
    Quote from @Andres Vergara:

    What markets in your opinion has financially feasible SFH rentals in C areas with good equity growth. Is this a unicorn?


     Look for Dave Meyers in the blogs or the YouTube page. He analyzes the best markets to invest in today.

    • Nathan Gesner
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    The DIY Landlord
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